Updates on APR for ETH 2.0 Staking & Distribution of BETH Rewards

Fellow Binancians,

Following the completion of the Ethereum Merge, Binance has adjusted the APR for BETH rewards from ETH 2.0 Staking, as detailed below:

After the Merge on 2022-09-15, the APR for BETH rewards was increased from 4% to 4.5%. Please note that the APR for BETH rewards from ETH 2.0 Staking is subject to change on a daily basis, depending on the staking volume and activities on the Ethereum network.
The distribution of BETH rewards from 2022-09-16 to 2022-09-18 were delayed due to network stability concerns. Users will receive the delayed BETH rewards in their Spot Wallets by seven working days, where applicable. The average APR for BETH rewards from 2022-09-16 to 2022-09-18 was approximately 4.87%.

Subscribe to ETH 2.0 Staking Now!

Notes：

There will be no further announcement on the APR adjustments for ETH 2.0 Staking, since APR is subject to change on a daily basis.
Please refer to Binance Terms of Use prior to using any products on the Binance Staking platform.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2022-09-20

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

Find us on

Telegram: https://t.me/binanceexchange

Twitter: https://twitter.com/binance

Facebook: https://www.facebook.com/binance

Instagram: https://www.instagram.com/binance

Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Locked Staking will return the staked digital assets to users’ spot wallets after the agreed period ends or upon early redemption. You have no right to a reward until it is received by Binance and Binance does not guarantee that you will receive any specific staking reward, or any staking return over time. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.

Read the original article at binance

Stay tuned to CoinCarp Social Media and Discuss with Us:

X (Twitter) | Telegram | Reddit

Download CoinCarp App Now: https://www.coincarp.com/app/